Palm oil is one of the most widely traded vegetable oils in the world. It appears in cooking oils, instant noodles, margarine and shampoo, and increasingly in biodiesel blends. Grand View Research values the global palm oil market at USD 75.5 billion in 2025. It estimates the market at USD 78.3 billion in 2026 and projects USD 113.9 billion by 2035, a 4.3% CAGR from 2026 to 2035.
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